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20130211
20130219
Search Results 0 to 24 of about 25 (some duplicates have been removed)
public governments across europe and the united states sort of pulling out their fiscal supports too soon and that's hurting the middle class. >> reporter: of course conservatives consider bloated public spending a burden that threatens long-run economic growth which would hurt the middle class. and that's part of the problem, there are sharp differences over the best way to generate middle class jobs. and there is also a cultural piece of the puzzle. tucked away in our collective memories is the id that a mide class jorequiring hard work and basic skills can and should support a family for life. >> we came out of world war two with a very, very untouched economy and the rest of the world was in ruins literally. and we benefited enormously from that and people think back to that era and think, gee, we should be able to do that again. >> reporter: but that is less and less likely in a world where global competition and rapidly changing technology are washing away and replacing middle class work. faced with these challenges, the president offers two solutions: more training and more investm
, are vulnerable to attacks. so he's calling on congress to pass legislation to give the u.s. government the capacity it needs to secure our networks. the president also issued an executive order, to create cyber security standards for u.s. businesses, and for the government to share more information about threats. but cyber security experts, say while that sounds easy, it's hard to do. >> you can't just inform one party necessarily, you might really have an obligation as a government to inform every player in a sector, and then of course that's a high bar, because you're sharing the information with a lot of people which increases the likelihood that it might get out back into the wrong hands. >> susie: beckstrom says the threat of cyber attack or manipulation to critical infrastructure like the power grid and transportation systems is much worse than most people expect. from the "ramones" to the "clash," still ahead, investing in punk rock history, and the prices might surprise you. after the closing bell on wall street today, record revenues for cisco systems: $12.1 billion. that gave
. but despite that turnaround, lawmakers still need to make major cutbacks in order to keep government debt in check. >> susie: the group of seven industrialized nations issued a statement today saying that any stimulus programs they undertake are aimed solely at spurring domestic demand and are not an effort to weaken their currencies, but this aggressive monetary policy, and what some call "turning on the printing presses," means currencies get weaker. and while that makes exports cheaper for overseas buyers, not everyone benefits. ruben ramirez reports. >> reporter: if there was any doubt how interconnected economies around the globe are, you need look no further than what's happening in the currency markets as governments try to spur growth. >> the difficulty of achieving that i think is why you are seeing the issue of currency wars coming up more and more. >> reporter: the g-7, which includes countries like the united states, the united kingdom and germany, issued a statement saying that it wants to jumpstart domestic growth without explicitly targeting a currency exchange rate. curren
that went to farmers, regardless of their loss, so high prices, good times, you still get a government payment didn't make any sense. >> one of the things some farm groups are saying right now times are good for farmers but they won't always be good. so what happens when prices go down? >> well, we absolutely as-- as a nation need to be there for our farmers and ranchers during hard times because we have a stake in having the mosttabl affordable food supply in the world. that's why in our farm bill we expand on what's called crop insurance. you have a bad year, you're going to get some help. we also do other things to sport farmers with conservation practices and other things that make sense. research, so critical, giving farmers a tool. so this isn't about walking away from agriculture, it's far from it. >> so with these direct payment cuts it to farmers are accepted and used to avoid the sequester, does that mean that farmers have given at the office and they're to e gng t ha further budget cuts in other budget deals? >> yes, yeah, one of the things that i have insisted on is that th
and measurements. a number of foundations do that, the federal government does it, many other foundations don't and certainly individual donors don't. there's more we can have like the gates foundation better off we'll all be. >> susie: you make in your last chapter of your book a number of recommendations how to reform the system. what would you say is your key recommendation. >> to individual donors, i would stop thinking about stuff as donors think of yourself as an investor. average family puts $2700 in the charities spend more time watching tv this one day than they do in researching charities in one year. change the mind set, change the culture. >> time is extremely valuable and we sometimes don't realize the skill set that we inherently have and things that may come very easy to us are very difficult for organizations or for others to conquer, like for instance an e-mail campaign or a newsletter. >> don't get me wrong, it's very important to have people who coordinate volunteers and to keep things going but i like the idea that everybody's contributing together and there's a sense of
securities as if they were perfectly safe, even though, according to the government, they knew better. if that's true, then, s&p was just doing what bobbi brown did, right, stretching the truth to make a little money? well, no. theifference is aatter trust. people trusted s&p to give honest evaluations of securities. trust is what they sell. bobbi brown sells facial paint. we'd feel differently about bobbi brown if she sold makeup with toxic ingredients to bergdorfs, but that's what wall street did in the years leading up to the crisis. after you make it, you've gotta stop faking it. wall street couldn't. and the economy paid the price. i'm eric schurenberg. >> hey! ho! lets go bid on some >> susie: buying collectibles once owned by punk legends could be a smart investment now that their audience is nore interested in financial security than anarchy. gregg greenberg reports. >> hey! ho! lets go bid on some pricey punk rock memorabilia: things from the ramones, the sex pistols, the clash, they were only around for a limited amount of time but now they are icons, titans of the music ind
Search Results 0 to 24 of about 25 (some duplicates have been removed)